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This paper develops a structural credit risk model to characterize the difference between the economic and recorded default times for a firm.
This paper develops a structural credit risk model to characterize the difference between the economic and recorded default times for a firm. Recorded default occurs when default is recorded in the le...
An interacting free Fock space and the arcsine law
An interacting free Fock space the arcsine law
2009/9/22
Motivated by previous investigations of the interacting
central limit theorem for the quantum Bernoulli process and of the
stochastic limit of quantum electrodynamics, we construct some examples
of...